SAELS TECHNICS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SAELS TECHNICS
Largest movements
- Stocks and contracts +€110,000
new in 2025: €110,000
- Receivables within one year -€78,053
down €78,053 (-78.8%), from €99,110 to €21,057
of which Trade receivables: -€80,522
- Cash -€17,608
down €17,608 (-10.9%), from €161,339 to €143,731
mainly Stocks and contracts (-€110,000) and Tax, wage and social debts (-€26,077)
- Profit (loss) carried forward +€29,826
up €29,826 (+13.3%), from €224,119 to €253,945
- Tax, wage and social debts -€26,077
down €26,077 (-71.5%), from €36,461 to €10,384
- Trade debts +€9,301
up €9,301 (+230.9%), from €4,028 to €13,330
- Gross operating margin -€103,728
down €103,728 (-70.3%), from €147,479 to €43,751
- Taxes -€26,360
down €26,360 (-72.6%), from €36,302 to €9,942
- Financial charges +€1,835
up €1,835 (+262.8%), from €698 to €2,533
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,034 | €278,084 | +€13,050 | +4.9% |
| Fixed assets | 21/28 | €4,586 | €3,296 | -€1,289 | -28.1% |
| Tangible fixed assets | 22/27 | €4,586 | €3,296 | -€1,289 | -28.1% |
| Furniture and vehicles | 24 | €4,586 | €3,296 | -€1,289 | -28.1% |
| Current assets | 29/58 | €260,449 | €274,788 | +€14,340 | +5.5% |
| Stocks and contracts in progress | 3 | - | €110,000 | +€110,000 | |
| Contracts in progress | 37 | - | €110,000 | +€110,000 | |
| Amounts receivable within one year | 40/41 | €99,110 | €21,057 | -€78,053 | -78.8% |
| Trade receivables | 40 | €89,382 | €8,860 | -€80,522 | -90.1% |
| Other amounts receivable | 41 | €9,728 | €12,197 | +€2,469 | +25.4% |
| Cash at bank and in hand | 54/58 | €161,339 | €143,731 | -€17,608 | -10.9% |
| Total equity and liabilities | 10/49 | €265,034 | €278,084 | +€13,050 | +4.9% |
| Equity | 10/15 | €224,119 | €253,945 | +€29,826 | +13.3% |
| Profit (loss) carried forward | 14 | €224,119 | €253,945 | +€29,826 | +13.3% |
| Amounts payable | 17/49 | €40,915 | €24,139 | -€16,776 | -41.0% |
| Amounts payable within one year | 42/48 | €40,915 | €24,139 | -€16,776 | -41.0% |
| Trade debts | 44 | €4,028 | €13,330 | +€9,301 | +230.9% |
| Suppliers | 440/4 | €4,028 | €13,330 | +€9,301 | +230.9% |
| Taxes, remuneration and social security | 45 | €36,461 | €10,384 | -€26,077 | -71.5% |
| Taxes | 450/3 | €36,461 | €10,384 | -€26,077 | -71.5% |
| Other amounts payable | 47/48 | €425 | €425 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,289 | €1,289 | = | 0.0% |
| Other operating charges | 640/8 | €284 | €160 | -€124 | -43.7% |
| Gross operating margin | 9900 | €147,479 | €43,751 | -€103,728 | -70.3% |
| Operating profit (loss) | 9901 | €145,905 | €42,301 | -€103,604 | -71.0% |
| Financial charges | 65/66B | €698 | €2,533 | +€1,835 | +262.8% |
| Recurring financial charges | 65 | €698 | €2,533 | +€1,835 | +262.8% |
| Profit (loss) for the period before taxes | 9903 | €145,207 | €39,768 | -€105,439 | -72.6% |
| Income taxes | 67/77 | €36,302 | €9,942 | -€26,360 | -72.6% |
| Profit (loss) for the period | 9904 | €108,905 | €29,826 | -€79,079 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €108,905 | €29,826 | -€79,079 | -72.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.